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Castings warns of 'slight' softening in demand from commercial vehicle customers

By BFN News | 09:59 AM | Thursday 22 August, 2019


Castings said it had experienced a slight softening in demand from the majority of its main commercial vehicle customers following a strong first quarter. The result of CNC Speedwell, meanwhile, was expected to improve in the current financial year as engineering and productivity improvements in the machining business would start to be realised, the company said. 'Against a backdrop of continued uncertainty surrounding Brexit, our investment remains focused on production techniques and technologies to improve our productivity and profitability,' it added. At 9:59am: (LON:CGS) Castings PLC share price was +2p at 384p Story provided by StockMarketWire.com

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